Dallas, TX -- (SBWIRE) -- 12/09/2011 -- In recent technology developments, chipless RFID tags have been developed and offered on the affordability level of customers, which will result in high growth. It is coupled with a simplified manufacturing technology and decrease in the manufacturing time. Moreover chipless RFID tags are compatible with the existing infrastructure, which saves the additional cost of installing new system. Manufacturers have reduced the price of chipless RFID tags. This trend is causing for a high growth of the chipless RFID market.

U.S. being a pioneer in the RFID business contributes highest market share of 44% with CAGR of 23.2% followed by Europe and Asia-Pacific which share equal market share. Europe and APAC are expected to grow by 28.9% and 37.0% respectively. Looking at the growth of Asian economies like China and India Asia-Pacific is expected to contribute 37% which will be highest. U.S., Western Europe and China will be the demand drivers of chipless RFID market.

In the recent past manufacturers have realized the need for affordable and efficient solutions to track and trace various applications like retail, supply chain, smart card etc. Chipless RFID tags produce almost equal efficiency at lower cost compared to chip-based RFID. It is more efficient than barcode but not cost competitive. There is an increasing demand for chipless RFID to provide the various solutions like asset tracking, anti-counterfeiting, to avoid the shrink in retail. It also helps to increase the efficiency and make the system more productive. Chipless RFID has ability to provide solutions like anti-counterfeiting which is a universal burning issue for healthcare industry. Supply chain, aviation and public transit segments are going to be benefitted with chipless RFID by creating hassle free operations. Chipless RFID will make smart cards more secure and hence will increase the market penetration of smart cards and so of chipless RFID.

Governments like Nigeria, Singapore, China and U.K. have already mandated RFID in various projects like counterfeiting and citizen identification etc. The Governments mandate provides an extra advantage for growth of chipless RFID.

The report deals with the market trends in chipless RFID and the growth associated with it. It also deals with the various factors which drive and restraint the market in the next five years.

The revenue generated in global chipless RFID market is expected to reach $3,925 million in 2016 from $1087 million in 2011, at an estimated CAGR of 29.3% from 2011 to 2016.

Scope of the report

This chipless RFID Market research report categorizes the global market on the basis of tags, reader and middleware used in the system. Forecasting revenues and analyzing trends in the chipless RFID market.

On the basis of application market

Chipless RFID is used in the applications like retail, supply chain, smart cards, aviation, healthcare, public transit and others. The market size of chipless RFID is derived from the usage of chipless RFID in these application segments.

On the basis of geography

North America, Europe, Asia-Pacific and ROW are covered in the report
North America consists of U.S., Canada, and Mexico
Europe consists of U.K., Germany, France, Italy, and all other European market
Asia-Pacific consists of China, India, Japan, and others
ROW is segmented into Africa, Middle East, and others
Each section will provide market data, market drivers, trends and opportunities, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.

Major points covered inTable of Contents of this report include:

RFID MARKET, BY TYPES
APPLICATION MARKET
PRODUCT MARKET
COMPETITIVE LANDSCAPE
COMPANY PROFILES

Tables and Figures

Explore Comprehensive list of more than 60+ Tables & Figures available in the report Chipless RFID Market (2011 – 2016) – Global Forecasts by Applications (Retail, Supply Chain, Aviation, Healthcare, Smart Card, Public Transit and others)
http://www.reportsnreports.com/reports/140836-chipless-rfid-market-2011-2016-global-forecasts-by-applications-retail-supply-chain-aviation-healthcare-smart-card-public-transit-and-others-.html

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